Hoosier Lottery Going Private with Rhode Island Company

By Scott Sarvay

October 3, 2012 Updated Oct 3, 2012 at 6:35 PM EDT

Indiana (Indiana’s NewsCenter) - The Hoosier Lottery is being privatized and GTECH was the wining bidder.

Lottery officials signed a 15-year $1.7 billion contract with the Rhode Island company that also helps run the Illinois lottery system.

If you play the lottery, you can expect some changes, like new games, more aggressive advertising, and new retailers.

Lottery Executive Director Karl Browning says, “Every scenario that I can figure out from this opportunity is better proposition to the taxpayers of Indiana than anything else that we can do."

The contract, which will be signed by November first, will have a start date of July 1, 2013.

During that time, the lottery will transition employees.

They were careful to note that no employees will lose their job and will be transitioned over to GTECH.

What are your thoughts CLICK HERE to leave us a "QUESTION OF THE DAY” comment.

© Copyright 2016, A Quincy Media broadcasting station. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

To submit a comment on this article, your email address is required. We respect your privacy and your email will not be visible to others nor will it be added to any email lists.